Life Settlement Investment Product now Available

brinks · 12-14-2008, 11:50 PM

Lifesettlementadvisor shoot me an email on selling your investment. I like the idea. fmilnarik@comcast.net

Phoenix · 03-07-2009, 09:40 AM

Lifesettlementadvisor,

Please send the information to me as well.

lifesettlementadvisor · 03-18-2009, 03:45 PM

This product is no longer offered.
There are other similar products availible, but most require a securities license.

StrategyMan · 03-25-2009, 10:55 AM

What is the time required for underwriting for this product?
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Portland Health Insurance, Portland Life Insurance, Portland Disability Insurance

lifesettlementadvisor · 03-25-2009, 01:24 PM

As posted before, this product is no longer availible.

ABC · 03-25-2009, 02:22 PM

I thought this market is frozen?

lifesettlementadvisor · 03-25-2009, 03:49 PM

No, the traditional life settlement market is not frozen, but buyers are being more picky about what they buy and prices are not as high as they use to be.
The "investment product" side of the market is extremely active, but the good products are all securities.

ABC · 03-26-2009, 04:41 PM

Originally Posted by lifesettlementadvisor

No, the traditional life settlement market is not frozen, but buyers are being more picky about what they buy and prices are not as high as they use to be.
The "investment product" side of the market is extremely active, but the good products are all securities.

I heard the % that is being offered on the face amount has dropped significantly?

lifesettlementadvisor · 05-04-2009, 11:58 AM

Originally Posted by ABC

I heard the % that is being offered on the face amount has dropped significantly?

Yes the % is lower than in years past....but funds are actively buying policies. The % decrease has less affect on the clients and more on the commission that agents receive from each case.

dgoldenz · 05-05-2009, 09:48 PM

NAIFA sent out a statement regarding life settlements that basically said they will be taxed much more heavily on the investment side, which I'm guessing will lead directly to significantly lower payouts for the person who is selling the policy in the first place.

Markingriffin · 05-06-2009, 11:07 AM

I've personally have not made any money off of them in a long time. I'm about to stop offering them. They are just so picky as to what they will take in general.

They want them to live for 2 years, but be dead within 5. They want them to be over 65 or 70 and have hugh polices.

I know very little about them. I've done 2 of them, made some money, but no luck since.

dgoldenz · 05-09-2009, 02:52 PM

We did one last year that between the term conversion, policy sale commission, and new policy commission, came out to a nice six-figure sum.....another one we did a couple years ago was a ~$40k case all said and done. Both clients got a very nice settlement and were able to secure new policies to replace the ones that were sold and the money paid for a substantial part of the new premiums, so it worked out well for all parties. It is very hard to find the right circumstances in which to sell a policy though.

ReSaleLife · 06-30-2009, 04:05 PM

Originally Posted by lifesettlementadvisor

15% [COLOR=#1f497d]RETURN[/COLOR][COLOR=#1f497d]S[/COLOR]

COMPOUNDING ANNUAL INTEREST

4,5, or 6 Year Terms

May Qualify for Capital Gains Tax Rate

Eligible for Qualified Fund[COLOR=#1f497d] [COLOR=Black]Transfers[/COLOR][/COLOR]

[COLOR=#1f497d]No Stock Market Risk[/COLOR]
[COLOR=#1f497d][COLOR=Black]Life Settlement Investment Product[/COLOR]
[/COLOR]

Limited Availability. May not be suitable for all investors.
$50,000 Minimum investment

[COLOR=Red]8% Commission Paid[/COLOR]
[COLOR=Red]Override system for agents you bring on[/COLOR]

[COLOR=Red][COLOR=Blue]PM me for More Details[/COLOR]
[/COLOR]

There is a similar program to the above mentioned life settlements investment product. It is available immediately.

There is a re-sale life insurance company in Texas that offers:

-16.5% base-line income returns
-qualifies for capital gains tax instead of ordinary income
-no stock market risk
-policies available immediately for funds to be placed
-commissions paid on deposit of client funds
-only $25,000 minimum investment
-8% commission paid plus overrides for agents you bring in

Please PM me for more details and I'll send you a link to a website with more information.

rickygips · 07-01-2009, 03:59 AM

Life settlement investment can be good for you and your family; you can shop for it in the internet so you can avoid pushy agents that can be annoying most of the time.

lifesettlementadvisor · 07-06-2009, 09:33 AM

Originally Posted by rickygips

Life settlement investment can be good for you and your family; you can shop for it in the internet so you can avoid pushy agents that can be annoying most of the time.

That is true, but 99% of the websites that you will find selling a fractional product are offering the LPHI product. There are about 5 other programs where instead of buying a fractional piece of 1 policy, you are buying a fractional piece of a pool of policies, spreading out your risk. These are usually registared as a security.

JS17 · 07-07-2009, 07:37 AM

There are about 5 other programs where instead of buying a fractional piece of 1 policy, you are buying a fractional piece of a pool of policies, spreading out your risk. These are usually registared as a security.

True, you are spreading out your risk, albeit the risk is very small (people don't die???) but with a security pool you are dramatically watering down your return as well. The life expectancy can go over by 7 years and one can make a better return with direct fractional ownership vs a pool.

joeblow · 07-07-2009, 09:08 AM

Please explain THIS

Originally Posted by ReSaleLife

There is a similar program to the above mentioned life settlements investment product. It is available immediately.

There is a re-sale life insurance company in Texas that offers:

[snip]
-qualifies for capital gains tax instead of ordinary income
[snip]

That's not at all my understanding.

lifesettlementadvisor · 07-08-2009, 10:27 AM

Originally Posted by JS17

True, you are spreading out your risk, albeit the risk is very small (people don't die???) but with a security pool you are dramatically watering down your return as well. The life expectancy can go over by 7 years and one can make a better return with direct fractional ownership vs a pool.

I disagree. When selling a direct fractional ownership, the "historical returns" range from 14-17%. When selling a fractional piece of a pool, the returns are projected at the 12-14% range. While there is a bit of a difference, you should look at the call rate on the direct ownership. There is a very good chance you client will get a call in 5 years saying they need more money or the policy will lapse. With the pools, this rarely happens. I'd rather make a couple points less and not have to reinvest more money down the road.

JS17 · 07-09-2009, 07:51 AM

I respect your opinion, however, I also have been an investor in Life Settlements for many years (which is why I now offer this investment to my clients). I personally have never had a premium call. Out of the hundreds of clients who do have this investment, only 2 have ever had a premium call and the amount of money they had to pay in both cases was under $400. The truth is, most (75%)contracts mature on or before the "maturity" date, I personally am not willing to give the broker dealers an extra 3% commission to assume that risk. It only makes sense that when you have a middle man in ANYTHING your profit/roi is reduced. But as I will say to my clients, it is what YOU can live with not me.

ReSaleLife · 07-09-2009, 12:10 PM

This post hopefully will answer some of the questions from the past few posts...

Re-Sale Life policies from the company are not pooled as a security. The clients are fractional owners as irrevocable beneficiaries. This company is not LPHI, but it was started by some former LPHI employees who have made their processes better and much more client friendly.

Some of the differences include:

-escrowing the LE plus 24 months (drastically reduces chance of premium call)
-gains made with non qualified investments will be taxed at capital gains rate if they held the policy for more than a year.
-95% of policies mature on or before the LE
-98.5% mature on or before the LE plus 12 months (this LE is performed by one of the nation's leading companies and they have historical data to support this)
-10 policies are immediately available for clients to participate in. the client can cherry pick whichever policies they like. (they is no waiting period that frequently happens with other companies)
-minimum investment is only $25k.
-commissions are 8% with overrides of 1% on agents you bring in as well.

Personally, I believe these processes to be much better than LPHI. My website has additional information as well as a link to sign up for a webinar to learn more about it. www*resalelife*com (sorry, it wouldn't let me add a link.)

It's always good to be apprised of new opportunities. Hope you find the information useful.